Tag: DEBT

Korean couple fined for visiting Rain’s home and demanding money

According to reports, an elderly couple in their seventies were fined after visiting singer Rain's home and demanding that Rain pay back money that...
chinese-state-owned-companies-debt-defaults-send-investors-into-a-tizzy

Chinese state-owned companies debt defaults send investors into a tizzy

India, Dec. 14 — Despite claims of an economic recovery, Chinese state-owned companies are defaulting on their debts. A string of missed debt repayments...
putrajaya-should-spend-another-rm45b-in-2021-for-economic-growth,-says-lim

Putrajaya should spend another RM45b in 2021 for economic growth, says Lim

KUALA LUMPUR, Dec. 9 — The federal government should have spent and borrowed more to save jobs, businesses and livelihoods next year, said DAP...
lge:-expect-more-credit-rating-downgrades-if-pn-govt-continues-to-bury-its-head-in-the-sand

LGE: Expect more credit rating downgrades if PN govt continues to bury its head...

KUALA LUMPUR, Dec. 7 — DAP’s Lim Guan Eng has warned the government to expect more sovereign credit rating downgrades for Malaysia in the...

Rising debt problem: The global economy’s elephant in the room

Singapore -- Senior Minister Tharman Shanmugaratnam recently shed light on the rising debt of countries around the world, calling it a "very serious issue"...

Confusion clouds China’s social credit system

by Poornima WEERASEKARA From penalising irresponsible dog owners to blacklisting dissenters, critics warn China's social credit system enables authorities to define "desirable and undesirable behaviour"...

Is Malaysia next after Sri Lanka falls knee deep in China’s debt trap?

Sri Lanka has fallen knee deep in China's debt trap after it invested billions of dollars in huge infrastructure projects - on China's guidance...

China speeds up debt-for-equity program

China's biggest banks are accelerating their debt-for-equity program to offload distressed debts and to help reduce high corporate leverage. The country's big five lenders pledged...
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